FTX’s Balance Sheet Was Bad
“The problem was in its balance sheet, which was full of snakes, and its governance, which put all the snakes there.” #Crypto
[Link]
“The problem was in its balance sheet, which was full of snakes, and its governance, which put all the snakes there.” #Crypto
[Link]
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"There is a fixed amount of scarce attention to go around, and too many people want it. The metagame becomes: secure attention by any means necessary."